The executives behind the My Audiobook Library company hope to raise $12,000 on Kickstarter. The funds will be used for expansion purposes.
The action plan for this money includes purchasing 55,000 titles and a distributors license. Here’s more from the Kickstarter page:
“Our customers want to listen to the New Releases from the Top Authors as shown above, but the ‘Big Five’ publishers are unwilling to partner with a company that does not already have a large customer base, and the kind of numbers they want, come from having audiobooks from the ‘Big Five’ publishers. Thus, the ‘catch-22.’ This is why Amazon has ~90% of the audiobook market.”
Welcome to our Kickstarter Publishing Project of the Week, a feature exploring how authors and publishers are using the fundraising site to raise money for book projects. If you want to start your own project, check out How To Use Kickstarter to Fund Your Publishing Project.